Report cover image

Global Octadecanedioic Acid Market Size Study, By Application (Polyester Polyols, Cosmetics, Powder Coatings, Lubricating Oils), and Regional Forecasts 2024-2034

Publisher Factview Research
Published Oct 03, 2025
Length 285 Pages
SKU # FAVR20464193

Description

The global octadecanedioic acid (ODDA) market was valued at USD 8.98million in 2024 and is expected to grow at a CAGR of 4.6% over the forecast period 2025-2034. This growth is primarily driven by the increasing demand for biodegradable polymers, particularly in automotive, textiles, construction, and consumer goods industries. The rising focus on sustainable and eco-friendly materials, coupled with regulatory compliance pushing manufacturers toward environmentally safe chemicals, is significantly influencing market trends. Furthermore, advancements in polymer synthesis and expanding applications in coatings, lubricants, and cosmetics are contributing to market expansion.

The polyester polyols segment holds a dominant share in the market due to ODDA’s ability to enhance chemical resistance, durability, and flexibility. Polyester polyols are widely used in automotive coatings, adhesives, and high-performance industrial materials. The cosmetics segment is projected to grow at the highest CAGR of 5.1% , owing to increasing consumer awareness regarding skincare and anti-aging formulations. ODDA is gaining prominence in moisturizers, lotions, and personal care products due to its hydration and skin elasticity-enhancing properties.

Regulatory policies supporting the use of bio-based and non-toxic materials have further accelerated ODDA adoption. Governments in North America and Europe are implementing strict environmental norms, prompting industries to shift toward biodegradable and renewable chemicals. Additionally, Asia-Pacific is expected to exhibit the highest growth due to rapid industrialization, infrastructure expansion, and growing consumer preference for sustainable materials. Countries like China, India, and Japan are investing heavily in automobile, textile, and electronics industries, creating a strong demand for ODDA-based materials.

Geographically, North America led the market with a 30.9% share in 2024, owing to its well-established chemical manufacturing sector and rising R&D investments. The Asia-Pacific region is anticipated to witness the fastest growth, with a CAGR of 5.6% , driven by urbanization, increasing disposable incomes, and demand for advanced polymer applications. Germany remains the leading market in Europe, benefiting from strong chemical production capabilities and stringent regulatory frameworks encouraging eco-friendly alternatives.

Major Market Players Included in This Report:
  • Procter & Gamble
  • Larodan AB
  • Cathay Biotech Inc.
  • Tokyo Chemical Industry (India) Pvt. Ltd.
  • INDOFINE Chemical Company, Inc.
  • XIAMEN SINOPEG BIOTECH CO., LTD.
  • Hunan Huateng Pharmaceutical Co., Ltd.
  • BASF SE
  • Arkema Group
  • Evonik Industries AG
  • Solvay S.A.
  • Clariant AG
  • Eastman Chemical Company
  • Merck KGaA
  • Croda International Plc
The Detailed Segments and Sub-Segment of the Market Are Explained Below:

By Application:
  • Polyester Polyols
  • Cosmetics
  • Powder Coatings
  • Lubricating Oils
  • Others
By Region:
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • U.K.
  • France
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Rest of Asia Pacific
  • Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Rest of Middle East & Africa
Years Considered for the Study Are as Follows:
  • Historical Year – 2022
  • Base Year – 2024
  • Forecast Period – 2024 to 2034
Key Takeaways:
  • Market Estimates & Forecast for 10 years (2022-2034).
  • Annualized revenues and regional-level analysis for each market segment.
  • Competitive landscape with detailed profiles of key market players.
  • In-depth examination of supply-demand dynamics and value chain analysis.
  • Analysis of regulatory frameworks and their impact on market expansion.
  • Emerging trends in material science and biodegradable chemical applications.
  • Strategic recommendations for industry stakeholders to capitalize on market opportunities.

Table of Contents

285 Pages
Chapter 1. Global Octadecanedioic Acid Market Executive Summary
1.1. Global Octadecanedioic Acid Market Size & Forecast (2024-2034)
1.2. Regional Summary
1.3. Segmental Summary
1.3.1. By Application
1.4. Key Trends
1.5. Recession Impact
1.6. Industry Metrics
1.7. Investment Analysis
1.8 .Investment Rationale
1.9. Analyst Recommendation & Conclusion
Chapter 2. Global Octadecanedioic Acid Market Definition and Research Assumptions
2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
2.3.1. Inclusion & Exclusion
2.3.2. Limitations
2.3.3. Supply Side Analysis
2.3.3.1. Availability
2.3.3.2. Infrastructure
2.3.3.3. Regulatory Environment
2.3.3.4. Market Competition
2.3.3.5. Economic Viability (Consumer’s Perspective)
2.3.4. Demand Side Analysis
2.3.4.1. Regulatory Frameworks
2.3.4.2. Technological Advancements
2.3.4.3. Environmental Considerations
2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates
Chapter 3. Global Octadecanedioic Acid Market Dynamics
3.1. Market Drivers
3.1.1. Rising demand for biodegradable polymers in industrial applications
3.1.2. Expanding applications in automotive, textiles, and construction sectors
3.1.3. Advancements in bio-based chemical production processes
3.2. Market Challenges
3.2.1. High production costs impacting price competitiveness
3.2.2. Limited availability of sustainable raw materials in emerging economies
3.3. Market Opportunities
3.3.1. Expansion of eco-friendly coatings and lubricants market
3.3.2. Technological advancements in polymer synthesis enhancing product performance
3.3.3. Increasing investments in sustainability and green chemistry solutions
Chapter 4. Global Octadecanedioic Acid Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economic
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Octadecanedioic Acid Market Size & Forecasts by Application (2024-2034)
5.1. Segment Dashboard
5.2. Global Octadecanedioic Acid Market: Application Revenue Trend Analysis (2022 & 2032)
5.2.1. Polyester Polyols
5.2.2. Cosmetics
5.2.3. Powder Coatings
5.2.4. Lubricating Oils
5.2.5. Others
Chapter 6. Global Octadecanedioic Acid Market Size & Forecasts by Region (2024-2034)
6.1. North America Octadecanedioic Acid Market
6.1.1. U.S. Octadecanedioic Acid Market
6.1.2. Canada Octadecanedioic Acid Market
6.2. Europe Octadecanedioic Acid Market
6.2.1. Germany Octadecanedioic Acid Market
6.2.2. U.K. Octadecanedioic Acid Market
6.2.3. France Octadecanedioic Acid Market
6.2.4. Spain Octadecanedioic Acid Market
6.2.5. Italy Octadecanedioic Acid Market
6.2.6. Rest of Europe Octadecanedioic Acid Market
6.3. Asia-Pacific Octadecanedioic Acid Market
6.3.1. China Octadecanedioic Acid Market
6.3.2. India Octadecanedioic Acid Market
6.3.3. Japan Octadecanedioic Acid Market
6.3.4. Australia Octadecanedioic Acid Market
6.3.5. South Korea Octadecanedioic Acid Market
6.3.6. Rest of Asia Pacific Octadecanedioic Acid Market
6.4. Latin America Octadecanedioic Acid Market
6.4.1. Brazil Octadecanedioic Acid Market
6.4.2. Mexico Octadecanedioic Acid Market
6.4.3. Rest of Latin America Octadecanedioic Acid Market
6.5. Middle East & Africa Octadecanedioic Acid Market
6.5.1. Saudi Arabia Octadecanedioic Acid Market
6.5.2. South Africa Octadecanedioic Acid Market
6.5.3. Rest of Middle East & Africa Octadecanedioic Acid Market
Chapter 7. Competitive Intelligence
7.1. Key Company SWOT Analysis
7.1.1. Procter & Gamble
7.1.2. Larodan AB
7.1.3. Cathay Biotech Inc.
7.2. Top Market Strategies
7.3. Company Profiles
7.3.1. Procter & Gamble
7.3.2. Larodan AB
7.3.3. Cathay Biotech Inc.
7.3.4. Tokyo Chemical Industry (India) Pvt. Ltd.
7.3.5. INDOFINE Chemical Company, Inc.
7.3.6. XIAMEN SINOPEG BIOTECH CO., LTD.
7.3.7. Hunan Huateng Pharmaceutical Co., Ltd.
Chapter 8. Research Process
8.1. Research Process
8.1.1. Data Mining
8.1.2. Analysis
8.1.3. Market Estimation
8.1.4. Validation
8.1.5. Publishing
8.2. Research Attributes

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us